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jeff bezos, the world s richest man, saying in a statement, we listened to our critics, thought hard about what we wanted to do, and decided we want to lead. senator bernie sanders now congratulating bezos for, quote, doing the right thing. some analysts say the company could offset the costs through the new $20 hike on amazon prime memberships. this isn t going to have an effect on their bottom line. amazon has different revenue streams that are making the company millions upon millions of dollars. and linsey davis with us now tonight. and we know that amazon is now urging other companies to do the same, some already have. reporter: exactly right, david. amazon is encouraging its competitors to follow suit. and also, calling on washington to increase the federal minimum wage, saying that the current $7.25 is simply too low. walmart and target have already announced minimum wage increases. david? all right. big day for those workers. linsey, thank you. there is still much m